Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Nepal - 2022
Contents:
- Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Nepal (CIF) - 2022
- Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Nepal
Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Nepal (CIF) - 2022
In 2022, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $96 per unit, surging by 18% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sound recording or reproducing apparatus; turntables (record-decks)s increased by +99.1% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 72% against the previous year. As a result, import price reached the peak level of $108 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($309 per unit), while the price for Taiwan (Chinese) ($8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Nepal
Imports of sound recording or reproducing apparatus; turntables (record-decks)s into Nepal reduced rapidly to 192 units in 2022, falling by -57.4% compared with 2021 figures. Over the period under review, imports faced a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 28%. Imports peaked at 732 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s dropped remarkably to $19K in 2022. In general, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. Imports peaked at $49K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.4 | 15.3 | 19.7 | 12.3 | -20.4% |
| China | 17.5 | 3.5 | 10.6 | 2.7 | -46.4% |
| United Kingdom | 1.8 | 1.5 | 3.6 | 1.5 | -5.9% |
| Italy | 1.6 | 2.0 | 0.8 | 1.0 | -14.5% |
| India | 0.1 | 0.5 | 1.9 | 1.0 | 115.4% |
| Japan | N/A | 0.4 | N/A | N/A | 0% |
| Others | 3.6 | N/A | N/A | N/A | 0% |
| Total | 49.0 | 23.1 | 36.8 | 18.5 | -27.7% |
Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Nepal in 2022:
- China (68.0 units)
- India (51.0 units)
- Germany (40.0 units)
- United Kingdom (25.0 units)
- Italy (7.0 units)
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